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Canadian Dollar Rises Against Most Majors
(RTTNews) - The Canadian dollar strengthened against most major currencies in the Asian session on Wednesday.
The Canadian dollar rose to nearly a 5-week high of 105.65 against the yen and nearly a 3-week high of 1.4247 against the U.S. dollar, from recent lows of 104.97 and 1.4299, respectively.
Against the euro, the loonie climbed to a 3-week high of 1.5367 from a recent low of 1.5412.
If the loonie extends its uptrend, it is likely to find resistance around 108.00 against the yen, 1.41 against the greenback and 1.48 against the euro.
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